Lafarge told to suspend operations in Slovenia over enviro permits
Slovenian producer Lafarge Cement said on Wednesday that the country’s environment inspectorate has ordered the plant to suspend operations for lacking environmental permits. ...
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Bestway Cement first-half profit up 5% YoY
Bestway Cement of Pakistan has posted a five per cent rise in half-year net profit to PKR3.94bn compared to PKR3.75bn (US$36.8m) in the comparative period of the previous fisca...
Semen Indonesia targets higher 2015 revenue and profit
Semen Indonesia is targeting a 2015 profit of IDR5.93trn (US$456m), up from IDR5.56trn in 2014, the Kontan newspaper reported, quoting Ahyanizzaman, Semen Indonesia's finance d...
Votorantim’s volumes slightly lower but prices improve
Votorantim Industrial generated a turnover 6.9 per cent higher at BRL28,059m (€8660m) while the EBITDA rose by 31.9 per cent to BRL7105m (€2193m). Votorantim Cimentos contribu...
Iran 11-month export update
Iran exported 17.5Mt of cement and clinker in the first 11 months of the current Iranian fiscal year (21 March 2014-19 February 2015), according to the industry's association...
Tunisia: Bizerte cuts cement price
Ciment de Bizerte is lowering its whole-sale cement price from MAD149.9/t to MAD147.9/t for bagged cement while bulk cement will cost MAD127.4/t to MAD130.4/t. Earlier Carthage...
Cemex recognised by CDP among top 10 for climate change transparency
For the third consecutive year, Cemex has been recognised in the CDP Latin America Climate Disclosure Leadership Index (CDLI) as one of the top eight companies in data disclosu...
Vietnam monthly sales remain flat
Vietnam’s cement sales remained flat at 5.87Mt in January compared to the month before, the Ministry of Construction said on its website Tuesday. Of the sum, 4.37Mt were sold i...
Paraguay: INC lowers cement price
INC has reduced the price for three types of cement. Vallemí cement will see a fall from PYG38,990 (US$8.34) to PYG35,000 while cement sold from the Villeta works will see its ...
China: Lafarge to buy out 45% interest in Lafarge Shui On Cement
Lafarge has signed an agreement to acquire the 45 per cent stake held by SOCAM Development Ltd in Lafarge Shui On Cement, for a consideration of HKD2553m (c€294m) subject to th...
Cimpor sales rise 6% in 2014
Cimpor’s turnover eased by 0.8 per cent in 2014 to EUR2603.7m while the EBITDA declined by 6.7 per cent to EUR645.6m. The trading profit emerged 7.9 per cent lower at EUR448.8...
Pakistan sales seen rising 8% in FY15 on higher domestic demand
Pakistan cement sales are expected to rise by six per cent in the first eight months of the current fiscal, The Express Tribune reported citing provisional data compiled by Top...
East African Portland Cement posts pretax loss
East African Portland Cement Co (EAPCC) posted a first-half loss after a maintenance shutdown of its packing and clinker units. The company reported a pretax loss of KES124m (...
Semen Indonesia 2014 net profit rises 3.7% YoY
PT Semen Indonesia Tbk, the country's leading cement producer, posted on Monday a 3.7 per cent rise in 2014 net profit from a year earlier. The company reported net profit of ...
Rodolfo Montero new Holcim México CEO
From 1 March, Rodolfo Montero becomes the new CEO of Holcim México, succeeding Eduardo Kretschmer, who will leave Holcim after 34 years. Mr Montero previously held the positi...
Shree commissions cement mill at Chhattisgarh, India
Shree Cement has commissioned a 2.6Mta cement mill at Baloda Bazar near Raipur in Chhattisgarh, India, on 24 February 2015, the company informed the Bombay Stock Exchange. Sh...
Allied Cement issues profit warning, China
China-based Allied Cement said it expects to record a significant decline in net profit by about 40 per cent for the year ended 31 December 2014 as compared to the audited net ...
CMS earnings boosted by cement division, Malaysia
CMS Bhd earnings rose by 26 per cent to MYR221.34m (US$61m) in the year ending 31 December 2014, from MYR175.07m from a year earlier, boosted by its cement division. Revenue ...
Holcim to offer shareholders merger sweetener?
Holcim is considering offering its shareholders a sweetener to win their approval for a planned merger with Lafarge, Reuters reported citing an article in a Swiss newspaper. A...
GCC's fourth-quarter sales rise 18% YoY
GCC (Grupo Cementos de Chihuahua) reported a sales increase of 18 per cent in the fourth quarter compared to the same period of 2013, totaling MXN2546.1m (U$$170m), reflecting ...
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